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How to buy a franchise
Check these dos and don'ts before buying a franchise.
Franchise costs and returns
Be aware of initial and ongoing costs of a franchise and potential financial performance.
Assess a franchise opportunity
What to find out when considering buying a franchise - including costs, competition, current success and support.
Franchise agreements for a franchisee
Your franchise agreement should cover franchise length, territory, amount of fees, management service fees and royalties, and restrictions.
Buy a franchise
What franchising is, how to find and assess franchise opportunities and how to buy a franchise.
Advantages and disadvantages of buying an existing business
An overview of the advantages and disadvantages of buying an existing business.
Buy an existing business
Advantages and disadvantages of buying an existing business including how to assess and value it.
Existing employees when buying a business
Your legal obligations towards staff already working for the new company.
How to calculate the value of a business
How to find out whether the business you want to buy will be profitable and value for money.
Make sure a business is worth buying: due diligence
Research the new business to ensure it is right for you, use solicitors and accountants to help you.
Where to find a business to buy
Newspapers, trade journals, adverts, magazines, websites and word of mouth will help you find businesses for sale.
What type of business should I buy?
How to choose the right business for you.
Business transfer agents and business brokers
A business transfer agent or business broker could also help you to find the right business to buy.
Advantages and disadvantages of franchising
Franchises have benefits, proven ideas and brand names but the franchisor may restrict how you run the business.
Franchising options
Business format franchising, licensing, and agency and distribution agreements.
Business exit strategy: selling your business
How to develop key business characteristics that will make selling your business to another business more likely.
Business exit strategy: float your business on the stock market
Characteristics your business will need to attract venture capital investment or for a stock-market flotation.
Exit strategy: key considerations when starting a business
Overview of the key start-up decisions that could affect your ability to successfully exit your business.
Business exit strategy: close your business
Overview of the circumstances in which you may close your business and the practicalities of how to go about it.
Develop your franchise format
The franchise operations manual, and protecting your brand.